Verizon Adds 372,000 Broadband Subscribers in Fourth Quarter
Verizon Communications added 372,000 broadband subscribers in the fourth quarter, its strongest net broadband growth since 2019. The company's wireline segment saw increased demand despite competitors ramping aggressive device and plan promotions, positioning Verizon alongside rivals in telecom subscriber acquisition battle.
1. Q4 Broadband Subscriber Growth
Verizon’s Consumer Wireline segment reported net broadband additions of 372,000 in the fourth quarter, marking its strongest quarterly broadband increase since 2019. This performance underscores steady demand for Verizon’s fiber and internet air services as the company continues investing in network capacity and customer reach.
2. Industry Competitive Landscape
Throughout the quarter, rivals rolled out steep device and plan discounts to capture market share. T-Mobile led postpaid phone net additions, AT&T expanded fiber subscribers by 283,000 and internet air by 221,000, while Comcast and Charter saw broadband losses of 181,000 and 119,000 respectively, highlighting intensified competition across the sector.